BRYTER raises £12.75m Series A funding

Funding | South East | Technology

BRYTER, the no-code automation platform that enables anyone to build professional business applications, today announces a £12.75m Series A funding round.

The investment round was led by enterprise software venture capital firms Dawn Capital and Accel, which led the seed round in 2019. Also participating in the round were existing investors Notion Capital and the fund of SaaS veteran Mike Chalfen of Chalfen Ventures. The capital will be used to accelerate BRYTER’s international expansion, particularly in the US, and help enable international adoption across its growing global customer base.

Founded in 2018, BRYTER is a no-code platform for business expert knowledge. While digital transformation and automation reshape industries at a rapid pace, the need for coding resources is often a barrier for companies who increasingly depend on software to succeed.

BRYTER helps all business experts within global organisations – from the likes of  McDonald’s and Telefónica, to leading professional service firms PwC, KPMG and Deloitte in Europe, as well as banks, healthcare and industrial enterprises – to build their own applications, develop virtual assistants, chatbots, self-servicing applications and other intelligent automation tools, with no programming skills or experience necessary.

BRYTER’s CEO and co-founder, Michael Grupp said: “Building on our early momentum in the compliance and legal markets, this funding round will allow us to bring our enterprise no-code platform to more customers both in additional geographies and industries, and power our momentum for continued international growth. And we are thrilled to receive such high-skilled experience and support helping us achieve this.”

Evgenia Plotnikova, Partner at Dawn Capital, said: “The software industry was built around automating business processes. Year after year, the biggest, enterprise-wide pain points are prioritized and IT works through the list, never getting close to the long, long tail.

“To drive automation at scale throughout the modern enterprise, IT needs to transform ‘citizens’ into developers. BRYTER makes that step easy and seamless: any professional can now build software tools, tackling the most challenging processes and decisions. BRYTER was founded just two years ago and has already made rapid progress. We at Dawn are hugely excited to witness the growth ahead as the business continues to scale globally.”

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